Factors Affecting the Selling Price of Feeder Cattle Sold at Arkansas Livestock Auctions |
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| Institution: | 1. INRA, UR 0045 Laboratoire de Recherches sur le Développement de l''Elevage, Quartier Grossetti, 20250 Corte, France;2. Hellenic Agricultural Organization, Veterinary Research Institute, P.O. Box 60 272, 57 001, Thessaloniki Greece;3. Department of Nutrition Physiology and Feeding, Faculty of Animal Sciences and Aquaculture, Agricultural University of Athens, 75 Iera Odos, 11855, Athens, Greece;4. UMR Systèmes d’élevage Méditerranéens et Tropicaux (SELMET), INRA – CIRAD – MontpellierSupAgro – Univ Montpellier, 2 place Pierre Viala, 34060 Montpellier cedex 1, France |
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| Abstract: | Data were collected from 17 Arkansas livestock auctions to determine factors affecting selling price. Data included how calves were sold (single or groups), gender, breed or breed type, color, muscle thickness, horn status, frame score, fill, body condition, age, health, BW, price, and when during the sale the calf was sold. Data were randomly collected on 81,703 calves. The selling prices for steers ($99.70 ± $0.07), bulls ($95.07 ± $0.08), and heifers ($88.75 ± $0.06) were different from each other (P<0.001). Charolais x Limousin feeder cattle sold for the highest price $97.96 ± $0.22), and Longhorns sold for the lowest price ($74.52 ± $0.46). selling prices of Hereford x Charolais, Hereford x Brahman x Angus, Charolais, and Angus x Brahman feeder cattle were greater than the overall mean and were not different from each other. selling prices of 1/4 Brahman x other crosses, Simmental, Hereford, Brahman, and Longhorn were less than the overall mean and were different (P<0.01) from each other and all other breeds or breed types. Yellow feeder cattle received the highest selling price ($96.47 ± $0.12), and spotted or striped feeder cattle received the lowest ($83.84 ± $0.23). selling in groups, muscle score, horn status, frame score, fill, and body condition impacted selling price (P<0.001). Selling prices differed across livestock auctions (P < 0.001). A positive relationship existed between livestock auction volume and selling price (P < 0.05), and a quadratic relationship existed between the number of different buyers and selling price (P < 0.01). A number of management and genetic factors affected the selling price of feeder cattle. |
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